Route 22

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Route 22

Austerlitz, NY 12071
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large 28.5-acre parcel suitable for commercial development projects.
  • Located along Route 22 in Austerlitz, New York.
  • Property offers significant land area for diverse commercial uses.
  • Site benefits from direct access to a major regional thoroughfare.
  • Regionally connected property within the scenic Columbia County area.

What's Special

Austerlitz serves as a scenic gateway within Columbia County, offering proximity to the Berkshires and major transit routes like Route 22. This 28.5-acre commercial land parcel provides substantial acreage for development in a region known for its mix of natural landscapes and increasing accessibility. The site remains well-positioned for investors or developers seeking to capitalize on a rural setting that maintains connectivity to regional markets. Given the expansive size and favorable positioning along a primary thoroughfare, the property accommodates a variety of commercial use cases. Potential projects could range from hospitality or specialized retail services to large-scale commercial facilities that benefit from the high visibility and accessibility of Route 22. Buyers have the flexibility to plan a development that aligns with the specific commercial needs of this growing corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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